Bitcoin, privacy coins rally as Trump-Powell conflict escalates
The rally came shortly after Powell said that the DOJ had threatened him with criminal charges over his June 2025 congressional testimony.
Bitcoin ended 2025 in the red, but mining stocks surged. A data-driven look at what changed, who outperformed, and why timing matters. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining and crypto treasury strategies. Originally published on Jan.
Bitcoin could be ripe for a major rally similar to the 2021 upswing - one that attracted billions of dollars in capital.
January 12, 2026, 7:00 amSeveral US economic data points are scheduled for release this week, with each bearing considerable implications for investor sentiment and thereby capable of influencing Bitcoin prices. Investors can position their portfolios strategically by trading around the following headlines in the week between January 12 and 17.
January 12, 2026, 7:00 amThe rally came shortly after Powell said that the DOJ had threatened him with criminal charges over his June 2025 congressional testimony.
Traders started 2026 feeling more hopeful. Bitcoin’s price has stayed above an important support level, and short bursts of trading activity have pushed out over-leveraged traders. This has helped calm the market and raised the chance that the price direction may be turning upward.
Bitcoin's price movement diverged from the Nasdaq futures, which fell nearly 0.8%.
On January 7, Chinese state television broadcast dramatic footage: a hooded, handcuffed man being escorted off a plane in Beijing. The prisoner was Chen Zhi, the 38-year-old founder of Cambodia’s Prince Holding Group, accused of running one of Asia’s largest scam empires.
Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average.
Bitcoin could rip higher in the short term before slipping into a dangerous late-cycle phase, as on-chain data shows momentum rising on weakening liquidity, raising bear-market risks heading into 2026, according to Willy Woo.
Bitfinex whales aggressively close long positions, a classic bullish signal for BTC.
The Bitcoin price has slowed down after a relatively hot start to the year, as it appears that not much has structurally changed for the market leader. A crypto analyst recently revealed that the premier cryptocurrency continues to trade beneath a critical price threshold.
The Ethereum ecosystem continues to see increased development and value locked in tokenized assets, according to market analyst Michaël van de Poppe.